Hitting the Proverbial Jackpot: What to Do When You Get a Big Windfall

If you learn that you’re going to come into a large amount of money – say more than $100,000 – and especially if there’s the possibility that it will be well-publicized (like a lottery win), there are a few things you can do right away to keep your wits about you and avoid making major personal and financial mistakes.

Consider getting out of the house for a bit – either taking a trip or even just staying with some friends or family members.

Look into changing your phone number and having it “unlisted.”

Consider taking vacation time, or even requesting unpaid leave, from work.

Get recommendations from close, trusted friends and family members to find a lawyer and financial adviser.